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British Pound (GBP) Outlook: Sterling Continues to Profit as UK Government Mulls Unlocking the Economy

Posted by By 15/02/2021Posted inForex
Sterling is back above 1.3900 against the US dollar for the first time since April 2018 and is set to press higher as the UK vaccination program continues to hit…
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Euro Price Forecast: EUR/USD to Extend Rebound Ahead of Q4 GDP Print

Posted by By 15/02/2021Posted inForex
The Euro may continue its rebound against the US Dollar on the back of the impending provision of a substantial fiscal stimulus package from the Biden administration.
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Gold, Platinum Forecast: Will Supply Shortfall Drive Wider Price Divergence?

Posted by By 15/02/2021Posted inForex
Platinum prices extended gains to six-year highs, driven by supply shortfalls and a projected recovery in global auto sales. Gold prices edged lower on rising yields and the continuing reflation…
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US Dollar Technical Outlook: USD/SGD, USD/THB, USD/IDR, USD/PHP

Posted by By 15/02/2021Posted inForex
The US Dollar may be at risk to ASEAN currencies, as the Singapore Dollar and Thai Baht attempt a comeback. USD/IDR and USD/PHP still have key support ranges to clear.
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British Pound Price Forecast: GBP/USD, GBP/JPY, EUR/GBP, GBP/NZD

Posted by By 15/02/2021Posted inForex
The Bank of England’s neutral stance, falling Covid-19 cases and a rapid increase in vaccinations may put a premium on the British Pound. Key levels to watch for GBP/USD, GBP/JPY,…
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Nikkei 225, ASX 200 Weekly Outlook: Pandemic, Reflation Trade in Focus

Posted by By 15/02/2021Posted inForex
Asia-Pacific markets kicked off the week with a positive tone after US markets finished at record highs. Encouraging vaccine progress and an easing pandemic strain may continue to support reflation...
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AUD/NZD Rally Faces Technical Threat as Lunar New Year Closes APAC Markets

Posted by By 15/02/2021Posted inForex
APAC trading is set for a quiet start to the week as many Asian markets remain closed amid Lunar New Year celebrations. Meanwhile, AUD/NZD faces technical threats that may end…
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Weekly Technical US Dollar Forecast: Technical Damage Not Undone

Posted by By 14/02/2021Posted inForex
The DXY Index’s rebound in recent weeks has done little to revert the major technical damage sustained in recent months.
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Markets Week Ahead: S&P 500, US Dollar, Crude Oil, Gold, FOMC, Liquidity Conditions

Posted by By 14/02/2021Posted inForex
Equities continued their upward trajectory, with the S&P 500, FTSE 100 and Nikkei 225 pushing higher. This left the US Dollar vulnerable at the expense of the Australian Dollar. Crude…
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Weekly Technical Gold Price Forecast: Losing Key Uptrend Support

Posted by By 14/02/2021Posted inForex
Gold prices continue to struggle, even as the US Dollar falls back. Risk appetite is surging, reducing demand for the safe haven.
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